28-06-2019 Tunisia The main index of the Tunisian Stock Exchange (TONANDEX) ended today’s trading with a rise of 18.1% to reach 7149.00 points. According to data from the bourse website, the volume of transactions amounted to 3 056 million Tunisian dinars, or about 1.012 million US dollars, amid the rise …
Read More »The Jordanian stock market is closing higher
28-06-2019 Amman The general price index of shares listed on the Jordanian Stock Exchange rose 2.03% to close at 1876.5 points. The daily average volume of trading on the Jordanian Stock Exchange during last week reached JD7.7 million, compared to JD4.4 million for the previous week, a rise of 41.7%. …
Read More »UAE Trade Delegation concludes its trade fair in Africa
Media IN Johannesburg, 28-26-2019 The trade and investment delegation participated in the Africa Trade Fair, which concludes today in Johannesburg, South Africa, confirmed the success of the delegation’s mission in introducing the UAE products, stressing that the coming period will witness the opening of new markets for UAE exports in …
Read More »Kuwait supports extending OPEC+ deal on oil cuts until end of 2019
Media IN Kuwait BNA 28th-06-2019 Kuwait’s oil minister said he supported an extension of a deal between OPEC and non-OPEC countries to cut output until the end of 2019, state news agency KUNA reported on Thursday. Kuwait was committed to reducing its production according to the agreement before an OPEC …
Read More »Bahrain’s Mumtalakat acquires stake in Spanish-based Premo Group
Media IN Manama, 28th-06-2019 BNA Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has acquired a significant minority equity stake in Premo Group (Premo), a leading manufacturer of customised passive electromagnetic components for applications in automotive, telecommunications and electronics industries, amongst others. Premo was …
Read More »UAE’s Etisalat first to launch a smartphone self-service vending machine to Abu Dhabi
Media IN ABU DHABI, 28th June, 2019 (WAM) Etisalat has launched a smartphone self-service vending machine that is a ‘first-of-its-kind’ for the UAE by partnering with ADNOC Distribution, the leading fuel distributor and convenience store operator in the UAE. The machine will allow customers 24/7 access and a five-minute turnaround …
Read More »UAE’s Central Bank gold reserve rose to AED1.147 bn in May
Media IN ABU DHABI, 28th June, 2019 (WAM) The value of the UAE Central Bank’s reserve of gold bars amounted to AED1.147 billion in May, 1.1 pc up from AED1.134 bn, by the end of 2018. The growth, is the highest in five months, comes in line with the recent …
Read More »AUH Department of Energy organises workshop on incident reporting regulations
Media IN Abu Dhabi: 28th-06-2019 The Abu Dhabi Department of Energy (DoE) – the government entity in charge of ensuring the energy sector’s excellence and sustainability in the emirate – held an awareness workshop covering the major initiatives and the newly introduced amendments to the Incident Reporting Regulations. The workshop …
Read More »UAE Purchasing Managers’ Index rose by 0.4% in Q1-2019
Media IN ABU DHABI, 28th June, 2019 (WAM) The IHS UAE Purchasing Managers’ Index (PMI) grew 0.4 percent to 55.1 in Q1-2019, as compared to Q4-2018, reflecting an improvement in business sentiments and the strength of the UAE economy. PMI is used as an indicator of economic activity. It is …
Read More »Bourse Tunis closes down
Tunisia 27-06-2019 The Tunis Stock Exchange closed at 7,065.51 points, a decline of 1.35%, while the movement of capital amounted to 7.7 million Tunisian dinars. The shares of eight companies listed on the bourse rose, with 46 companies losing ground, while 12 companies continued to develop.
Read More »